Elliot LakeHousing market

Elliot Lake

Elliot Lake Housing Market Report

Strong Seller's Market

All types - for the month of April

Buyer's market Seller's market

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

4 active

New

-(- YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 3, in 2023: 4, in 2022: 1

Total Sold Listings*

- sold

Median Sold Price

-

Avg Days on Market

- days

Median Bidding

-

Compared to number of sold, same period, in 2024: 1, in 2023: 1, in 2022: 0

*Data is for the month of April

Median Sold Price vs Average Days and Average Total Days on Market - Elliot Lake - All types

Sold vs Active vs New vs Relisted - Elliot Lake - All types

Sold Price Distribution - Elliot Lake - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Elliot Lake - All types

Property type distribution based on data from the last 3 months.

Median Price - Elliot Lake - All types

Just listed - Elliot Lake

Unknown for 22 Sunrise Bay Rd, Elliot Lake Ontario P5A 2S9

6 days on market

22 Sunrise Bay Rd, Elliot Lake

Detached33+12670 sq ft

Listed by Easy List Realty Ltd.

Home with brick exterior material, street for 3 Hart Rd, Elliot Lake Ontario P5A 1P7

6 days on market

3 Hart Rd, Elliot Lake

Detached2+33700-1100 sq ft

Listed by RE/MAX SAULT STE. MARIE REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 780 Stanrock Rd, Elliot Lake Ontario P5A 2S9

81 days on market

$•••,•••

780 Stanrock Rd, Elliot Lake

Detached3+232879 sq ft

Listed by Coldwell Banker Community Professionals

Home with brick exterior material, street for 85 Mississauga Ave, Elliot Lake Ontario P5A 1E1

101 days on market

85 Mississauga Ave, Elliot Lake

Detached32700-1100 sq ft

Listed by RE/MAX HALLMARK CHAY REALTY

Unknown for 92 Farquhar Pl, Elliot Lake Ontario P5A 3H9

167 days on market

$•••,•••

92 Farquhar Pl, Elliot Lake

Townhouse32- sq ft

Listed by RIGHT AT HOME REALTY

Just sold - Elliot Lake

Home with brick exterior material for 20 COLWILL Dr, Elliot Lake Ontario P5A 2Z7

Sold 119 days ago

Sold for $380,000

$9K below asking

20 COLWILL Dr, Elliot Lake

Detached1+12- sq ft

Listed by Chestnut Park Real Estate Limited, Brokerage, Huntsville

trreb/IMG-X8031896_1.jpg

Sold 352 days ago

Sold for $197,200

6 Brown Rd, Elliot Lake

Detached1+21- sq ft

Listed by EXP REALTY

trreb/IMG-X8141998_1.jpg

Sold 1 year ago

Sold for $750,000

$49K below asking

844 Stanrock Rd, Elliot Lake

Detached331100-1500 sq ft

Listed by Oak Realty Ltd. Brokerage

trreb/IMG-X8051622_1.jpg

Sold 1 year ago

Sold for $161,000

$9K below asking

164B Ottawa Ave, Elliot Lake

Townhouse2+21- sq ft

Listed by RE/MAX ABOUTOWNE REALTY CORP.

rahb/IMG-H4178236_2.jpg

Sold 1 year ago

Sold for $375,000

4 CANBERRA Cres, Elliot Lake

Detached321400 sq ft

Listed by Coldwell Banker Community Professionals

trreb/IMG-X6336454_1.jpg

Sold 1 year ago

Sold for $246,000

28 GILLANDERS Rd, Elliot Lake

Detached3+121782 sq ft

Listed by PG Direct Realty Ltd. Brokerage

itso/IMG-40402001_1.jpg

Sold 1 year ago

Sold for $276,000

$14K below asking

7 Rome Crt, Elliot Lake

Detached3+13+12200 sq ft

Listed by GoWest Realty Ltd., Brokerage

trreb/IMG-T9275547_1.jpg

Sold 2 years ago

Sold for $650,000

$150K below asking

Lot 4B McKeown Rd

Detached22- sq ft

Listed by RE/MAX CROWN REALTY (1989) INC, BROKERAGE

trreb/IMG-X5886496_1.jpg

Sold 2 years ago

Sold for $170,000

$25K below asking

181 Taylor Blvd, Elliot Lake

Semi-Detached21- sq ft

Listed by CENTURY 21 LEADING EDGE REALTY INC., BROKERAGE

itso/IMG-40280130_1.jpg

Sold 2 years ago

Sold for $325,000

$14K below asking

44 Axmith Ave, Elliot Lake

Detached2+221897 sq ft

Listed by GoWest Realty Ltd., Brokerage

Population and Demographics

Overview

Total population 10527

Average household income $82,401

Age (%)

65 and plus

40%

50 to 64

24%

0 to 19

14%

35 to 49

12%

20 to 34

11%

Household composition (%)

Single family

54%

Single person

41%

Multi person

5%

Multi family

0%

Mother tongue (%)

English

82%

French

13%

Others

2%

English and French

1%

German

1%

House tenancy (%)

Owners

61%

Renters

39%

Top 3 Schools in Elliot Lake

Our Lady of Fatima Catholic School140 Hillside Dr N, P5A 1X7, Elliot Lake, ON

4.2/10

Public•JK-8

Elliot Lake Secondary School303 Mississauga Ave, P5A 1E8, Elliot Lake, ON

3.7/10

Public•9-12

Central Avenue Public School81 Central Ave, P5A 2G4, Elliot Lake, ON

3.2/10

Public•JK-8

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

1/5

Other transportation modes are needed to reach day-to-day needs

Shopping, Food and Nightlife

Cafes

1/5

Few or no cafés within walking distance

Groceries

1/5

No grocery stores within walking distance

Shopping

0/5

Few or no shops within walking distance

Restaurants

1/5

Few or no restaurants within walking distance